📈SEC Proposes Extension of Form 18 for Foreign Securities Registration
Submission for OMB Review; Comment Request; Extension: Form 18-Registration Form
Summary
The Securities and Exchange Commission is seeking an extension for Form 18, which allows foreign governments to register securities for U.S. exchanges. This form aims to inform U.S. investors about relevant foreign investment opportunities by ensuring they receive essential material information. Public comments are invited on the information collection's necessity and burden.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document discusses the extension of Form 18 for foreign government securities registration, which imposes mandatory information collection and compliance requirements for foreign entities looking to list securities on U.S. exchanges. This regulates how foreign registrants provide material information, directly affecting business transparency and investor decision-making.